Honolulu Star-Advertiser

Wednesday, May 1, 2024 82° Today's Paper


Top News

Trump aims to make tax plan law before Christmas

1/1
Swipe or click to see more

ASSOCIATED PRESS

President Donald Trump speaks to members of the media before boarding Marine One at the White House.

WASHINGTON >> President Donald Trump is expressing thanks to Senate and House Republicans for their hard-fought victories on taxes. The Senate passed its legislation early Saturday, and now that chamber and the House must try to reconcile differences in their two versions. It’s shaping up to be the largest tax overhaul in three decades, and Trump says he aims to sign it into law before Christmas.

The Senate bill gives most of its tax breaks to businesses and high-earners. Altogether, the vote was a big step toward giving Trump his first major legislative triumph after months of false starts and frustration.

The Senate majority leader, Mitch McConnell, is shrugging off polls that find scant public enthusiasm for the measure. He says in an interview it will prove its worth and get the country “growing again.”

By participating in online discussions you acknowledge that you have agreed to the Terms of Service. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. Report comments if you believe they do not follow our guidelines. Having trouble with comments? Learn more here.